ITL Optronics Ltd.

www.itlasers.com

Formerly International Technologies Lasers

High-Tech Company

Acquired by Elbit Systems

TECH VERTICALS

Defense Tech, Machine Vision, Military, Optics

General Data

Sector	Hardware & Industrial
Company Stage:	Revenue Growth
Established	1973
Number of Employees	113
Reg. Number:	abCDe

DESCRIPTION

ITL specializes in developing and manufacturing wide range of advanced products and systems providing the full range of electro-optical solutions as demanded by modern warfare, enabling all forces to enhance day and night operational capabilities in the field, in urban environments and in low-intensity conflicts.

TECHNOLOGY

ITL puts its main emphasis on in-house R&D as the key to continued success in meeting customer requirements and satisfaction.
R&D budget is typically 11%-12% of turnover and over 60% of the company's high-quality personnel are experienced engineers, scientists and skilled technicians.

ITL has in house Technological Capabilities to fully design its own products.
These Technologies capabilities include:
Opto-mechanical design
Optical design
SMT design
Lasers (solid state - 904 nm, 1.55? 1.54 Er:Glass)
Digital Orientation Modules
Related Software design

	TARGET MARKETS
	Military, Anti-Terror, Police and Civilian Security Organizations, Homeland Security.

	BUSINESS MODEL
	B2B

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
0ACF5FF0-1F7A-E111-AC59-00155D32A403		ITL Optronics Ltd.		Acquired/Merged
A79B410E-207A-E111-AC59-00155D32A403	Subsidiary	N-Or Navigations Ltd.	ITL Optronics Ltd.	Acquired/Merged
	Subsidiary	DNA Biomedical Solutions Ltd.	ITL Optronics Ltd.
716F1138-207A-E111-AC59-00155D32A403	Subsidiary	Entera Bio Ltd.	DNA Biomedical Solutions Ltd.

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Accounting Firm

REMARKS

Date	Remark
	Part of Soltam Group, held by Mikal Technologies Ltd.

CONTACT INFO

Expand / Collapse All

Main Address: Petach Tikva, Israel

Address	11 Granit St.
City	Petach Tikva
Country	Israel
Zip	49002

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Yoav Hirsh Bar-Gai	VP, Head of Systems Division	G-Nius (CEO)
Mr. Yitzhak Malka	Director of R&D & CTO

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Venture Partner, MMC Millennium Materials Fund Management Co.
abC Defghij	Board Member	Director, Meytav Technological Incubator
abC Defghij	Board Member	Founder, Nitzanim Venture Capital
abC Defghij	Board Member	General Manager, Soltam
abC Defghij	Board Member	Managing Partner , Goldsobel & Kirshen Law Offices
abC Defghij	External Director	N\A
abC Defghij	External Director	Advocate
abC Defghij	Board Member	Chairman, Soltam
abC Defghij	Chairman	EVP, Business Development , Elbit
abC Defghij	Chairman	N\A

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Oct. 18, 2010

abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Apr. 27, 1993	IPO	TASE	abCDe	abCDe	Former ticker was LASR

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Buyout

Sep. 02, 2010

abCDe

Buyout

Apr. 23, 2002

abCDe

Buyout

Mar. 01, 2002

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Other	abCDe	Holds 10.5% of the company
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe

First Round

Jan. 01, 1985

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe	Sold their holdings in the company to Soltam

Other

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Dec. 01, 2000

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe

	Acquisitions made by ITL Optronics

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Networ...	Dec. 07, 2007	abCDe	Acquired controlling share of 45% of the company and will be entitled to 73% of its net profits.

	PORTFOLIO COMPANIES

Exits (1)

Company Name		Exit Type	Date Announced	Amount	Remarks
abC Defghij		Holdings Sold	01/04/2009	abCDe

Last Updated:	abCDe
IVC Number:	abCDe